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Intel CEO Pat Gelsinger resigns

Business Insider on MSN · 2h

Pat Gelsinger inherited major problems at Intel. Its next CEO may have to navigate worse.

Intel is in the midst of a shake-up that will see its next leaders take on the challenges of catching up in the AI race and navigating Donald Trump.

TechCrunch · 2h

Intel’s ex-CEO Pat Gelsinger set to net $10M in severance pay

Intel's newly departed ex-CEO Pat Gelsinger could be walking away with more than $10 million in severance pay.

Oregonian · 1h

Intel will pay $7M in severance to former CEO Pat Gelsinger, plus millions more in bonuses

Intel’s hiring agreement with Gelsinger promised him a severance payment of 18 months of his salary and his annual target bonus if he resigned “for good reason.” In a regulatory filing Tuesday, Intel said that it had agreed to pay him that in connection with his retirement.

1h

Intel shares slide as Gelsinger exit leaves chipmaker without a ‘quick fix'

Intel shares fell more than 5% on Tuesday, a day after the chipmaker announced the ouster of CEO Pat Gelsinger.

19h

In an all-hands meeting, Intel's new leaders emphasized outgoing CEO Pat Gelsinger's 'personal decision'

On Monday, Intel's interim leadership addressed outgoing CEO Pat Gelsinger's abrupt departure, in an internal meeting.

5h

Intel CEO Gelsinger, 'driving force' behind Ohio plants, leaves struggling chipmaker

Gelsinger announced his turnaround plan in July 2021 and then embarked on a spending spree, starting construction on a ...

22hon MSN

Intel ousts CEO Gelsinger with stock down 61% during his tenure

Intel Corp. is making a change at the top with Chief Executive Pat Gelsinger out after less than four years. The company ...

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